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Find Present Worth of Money Given Future Worth
You would like to deposit money in the bank and have it earn interest at % for
year, and you want the bank to return
$
to you at the end of year.
How much money you should deposit?
Total interest earned
Touch or click any input boxes to enter new number. Automatic answer
Formula Recall
Where F = means Future Worth of Money
Where P = means Present worth of deposited money
Where i = means interest rate for F
Where n = means number of years money is deposited
P = F ( 1 + i ) - n